Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1887-04-23

citation of real estate it msy be well t.
cite the noteworthy fact that in 1888 thu
aggregate real estate value of the citl
footed up total of $4,000, 900. In 1886
it had doubled, being then valued a.
$6,OOO,0 900.
The population had increased from
10, 500 in that time to $4,000, or, in other
words, has augmented its population
| nearly 900 souls. At the present
rate of increase, Fort Worth a decade
hence will possess q population OF
] at least $4,000, and in all likelihood
! $1,000 souls. In addition to her unsur-
passed school system, Fort Worth has
twelve churches, the aggregate value of
which 100000, not Included in taxable
property, the school property, amounting
to $4,000, being also exempt from taxa
ton.
! Fort Worth has, in addition to her ex-
| cellent educational facilities and institu-
! lions, the Warren Institute for girls and
boys, consisting of 100 scholars, ana con-
Quoted by Mrs. Sue Warren, lady Of
| brilliant educational force and instructive
capabiltty.
1t is said that more commercial tray-
elers make this city their headquarters
than any other point in the state Eigh-
teen passenger trains arrive and depart
daily. Ticket sales are twice IS large as
any Of the other cities. 1t is probable
that new union depot will be built at an
early day, to cost 100000.
Bank stock is rated here from 140 to
200, and the legal rate of interest,is p
per cent. Exchange is fully 100000 per
day.
Fort Worth has gas works with nine
miles Of mains, which cost $780,
600, an electric light system, tele-
phone exchanges, miles of street rail
way encircIing the entire city with
3 belt lire, splendid system of water
works, volunteer fire department, police
department, and all the concomitants of
an advanced civIliZa ion, comprising
theatre, public halls,9 benevolent and
secret orders, public library, etc.
The city is in all its characteristics a
notable type of western adv nCement and
progress. Politics is eschewed except at
elections, and then good fellowship and
friendship prevails. Property is safe. The
right to exercise ones own 20 iucal con-
victions are not disturbed, and the open
sesame to the good will and friendship of
the people is simply based upon industry
and honest endeavOrs and q desire to aid
in the upbuilding Of the material interests
of the municipality.
There are eleven miles Of macadamized
streets; four miles m re will be con-
structed this year. Within radius of
ten miles of the city there are 2I0 erte-
sian wells; one well recently struck
forces water tWenty-four feet in
the sir. The city is high and
dry, situated on plateau, ninety feet
above the valley at the courthouse. There
is no malaria. Impure gases descend
below. The Trinity river makes circle
of the city, carrying off waste matter
and offal.
Real estate which few years ago was
worth 500 per acre has advanced to
$4,000 per acre. Property in the heart of
the city was offered and could not be
sold at 10000 in FebrusrV, 1892, is now
worth easily $50 900. Rents
are on q Chicago scale, and take away
ones breath when mentioned. An aver
age of Is per cent. net is made annually
on property. Some property realizes 20
per cent. profit. Insurance rates are
fairly reasonable, and fires are of lnfre-
quent occurrence.